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hirobo

Wave 2 completion at 0.618 with Price action confirmation

Long
British Pound / Australian Dollar (FX:GBPAUD)  
hirobo  
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD
1
0
gbpaud
Divergence observed on many indicator like A/D, Momentum, Money Flow, etc. Wave 2 rested comfortable on 0.618 last week. This week will ride on wave 3 to break the historical resistance zone to (3), retest and finally ride to (5). Presently targeting to EMA 200 with SL at 0.618 low.
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